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David - Practical Retiree image

Age: 65

Gender: Male

Income: $60,000 per year (pension and investments)

Location: Toronto suburbs

Personality: Calm, practical, and community-oriented

Real Estate Goals and Challenges

David is a 65-year-old, calm, practical, and community-oriented retiree with an annual income of $60,000 from his pension and investments. After living in the Toronto suburbs for many years, he is ready to downsize to a more manageable property while staying close to friends and family. His main goal is to find a smaller home or condo in a quiet neighbourhood with easy access to healthcare and recreational facilities.

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To find a smaller home or condo in a quiet neighborhood with easy access to healthcare and recreational facilities

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Downsizing to a more manageable property while staying close to friends and family

Our Analysis

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Embracing an Active and Social Retirement Lifestyle

As a retiree, David values his independence and wants to live in a community that promotes an active and social lifestyle. Therefore, he is interested in exploring properties with accessible design features and amenities, such as single-level living, elevators, and secure entrances. Additionally, David would appreciate having nearby walking trails, parks, and community centres to engage with fellow residents.

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Navigating the Market for the Ideal Retirement Home

David’s challenge is to find a suitable property that meets his needs within a reasonable distance from his existing support network. By collaborating with a real estate agent specializing in retirement living and understanding his priorities, David can confidently navigate the market and secure his ideal home.

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Balancing Proximity to Family and Desired Amenities

An essential aspect of David’s search for a new home is finding the right balance between staying close to his friends and family while ensuring easy access to healthcare and recreational facilities.

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